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RESULTS FOR THE Q4 & YEAR ENDED 31 st MARCH, 2018 I N V E S T O R P R E S E N T A T I O N PRESTIGE GROUP | Presentation | March 2018 INDEX 1 KEY HIGHLIGHTS a)OPERATIONAL HIGHLIGHTS b)FINANCIAL HIGHLIGHTS c)DEALS/TRANSACTIONS 2

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SLIDE 1

RESULTS FOR THE Q4 & YEAR ENDED 31st MARCH, 2018

PRESTIGE GROUP | Presentation | March 2018

I N V E S T O R P R E S E N T A T I O N

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SLIDE 2

PRESTIGE GROUP | Presentation | March 2018 2

Prestige Golfshire, Shot at site

INDEX

1 KEY HIGHLIGHTS

a)OPERATIONAL HIGHLIGHTS b)FINANCIAL HIGHLIGHTS c)DEALS/TRANSACTIONS

2 OPERATIONAL UPDATE 3 FINANCIAL UPDATE 4 PROJECT PORTFOLIO & UPDATE 5 RECEIVABLES PROFILE 6 GUIDANCE VS ACHIEVED 7 ABOUT PRESTIGE GROUP 8 BOARD & MANAGEMENT 9 ANNEXURE

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SLIDE 3

3

  • 1. Q4F18 total sales at Rs 12,433Mn up by 96% YoY; FY18 total sales at Rs 33,137 Mn up by 35% YoY
  • 2. Q4F18 total collections at Rs 10,516 Mn, down by 9% YoY; FY18 total collections at Rs 42684 Mn, up by 4% YoY
  • 3. Q4F18 leasing at 0.46 Mn sft ; FY18 leasing at 1.38 Mn sft up by 9% YoY
  • 4. Q4F18 rental income at Rs 1,570 Mn up by 13% YoY; FY18 rental income at Rs 6194 Mn up by 14% YoY
  • 5. Launched Five projects across Bengaluru (Four) and Chennai (One) with developable area of around 7.07 mn sft in

Q4F18

  • 6. Exit rental income estimated at Rs 8,291 Mn in FY19

KEY HIGHLIGHTS

  • I. OPERATIONAL

PERFORMANCE

PRESTIGE GROUP | Presentation | March 2018

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SLIDE 4

4

KEY HIGHLIGHTS

CONSOLIDATED FINANCIAL FY18

  • 1. Q4FY18 total revenue at Rs 18,616Mn, up by 27% YoY ; FY18 total revenue at Rs 55,665 Mn, up by 14% YoY
  • 2. Q4FY18 EBITDA at Rs 3,472 Mn up by 19% YoY ; FY18 EBITDA at Rs 11,619 Mn up by 15% YoY
  • 3. Q4FY18 PAT Rs 1,132 Mn up by 3% YoY ; FY18 PAT at Rs 4,113 Mn up by 14% YoY
  • 4. Unrecognized revenue stood at Rs 57,627 Mn and Project debtors at Rs 5,445 Mn

PRESTIGE GROUP | Presentation | March 2018

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SLIDE 5

5

KEY HIGHLIGHTS FY18

III DEALS / BUSINESS DEVELOPMENT UPDATE

  • 1. Added three projects with potential area of ~ 9 Mn sft
  • 2. Entry into new markets- NCR & Mumbai
  • 3. Consolidation of stake in a group company, Prestige Projects Private Limited, owning ~183 Acres
  • 4. Acquisition of CapitaLand’s stake in various mall entities
  • 5. Signed Platform deal with HDFC Capital Advisors Ltd for mid-income / affordable housing projects
  • 6. Signed term sheet for Office platform

PRESTIGE GROUP | Presentation | March 2018

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SLIDE 6

Value in ₹ Million Volume in Mnsqft

6

Particulars Q4FY18 Q4FY17 Q3FY18 FY18 FY17

TOTAL New Sales Value 12,433 6,354 6,717 33,137 24,585 New Sales Volume 1.79 0.90 0.98 4.84 3.82 Avg Realization/Sft 6,956 7,035 6,869 6,848 6,441 Collections 10,516 11,544 11,928 42,684 41,232 Leasing Volume 0.46 0.77 0.42 1.38 1.26 Area Delivered 0.65 1.67 1.07 7.96 12.74 Area Launched 7.07

  • 7.07

1.98 PRESTIGE SHARE New Sales value 10,482 5,249 5,231 25,502 19,799 New Sales Volume 1.55 0.73 0.78 3.82 3.07 Collections 8,363 9,991 9,469 34,469 35,064 Leasing Volume 0.18 0.14 0.35 0.91 0.21 Rental Income 1,570 1,384 1,641 6,194 5,429

OPERATIONAL UPDATE

FY18 HIGHLIGHTS

PRESTIGE GROUP | Presentation | March 2018

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SLIDE 7

LAUNCHED FIVE RESIDENTIAL PROJECTS IN Q4F18

with BUA 7.07 MN SFT

7 PRESTIGE GROUP | Presentation | March 2018

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SLIDE 8

8

INAUGURATED SHERATON GRAND IN Q4F18

With BUA 0.65 MN SFT, 360 Keys

SHERATON GRAND, Shot at site

PRESTIGE GROUP | Presentation | March 2018

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SLIDE 9

9

COMPLETED EIGHT PROJECTS IN

FY18 WITH BUA 7.96 Mn sft

Prestige Trade Tower

Q1 Q3 Q4

PRESTIGE GROUP | Presentation | March 2018

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SLIDE 10

10

Values are in Million ₹

FINANCIAL UPDATE

Q4FY18 & FY18 CONSOLIDATED

PRESTIGE GROUP | Presentation | March 2018

Particulars Q4FY18 Q4FY17 Q3FY18 FY18 FY17

Turnover 18,616 14,633 12,902 55,665 48,617 EBIDTA 3,472 2,911 2,722 11,619 10070 EBIDTA % 18.65% 19.89% 21% 21% 21% PAT 1132 1097 982 4,113 3,615 PAT % 6.08% 7.50% 7.61% 7.39% 7.44%

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SLIDE 11

VALUE IN ₹ Mn 11

DEBT PROFILE

FY18 | CONSOLIDATED

Particulars Standalone % Consolidated Loan %

  • a. Project Debt - Resi & Comm

21,539 58% 25,377 35%

  • b. Capex Loans
  • Office Space

941 3% 3,201 4%

  • Retail
  • 0%

1,296 2%

  • Hospitality
  • 0%

8,019 11%

  • c. Rental Securitisation Loans

2,323 6% 21,747 30%

  • d. Receivables discounting loans

12,304 33% 12,304 17% Gross Debt 37,108 100% 71,945 100% Less: Cash & Bank Balances 5,529 7,385 Net Debt 31,579 64,560 Networth 49,152 49,627

Debt Equity Ratio 0.64 1.30

PRESTIGE GROUP | Presentation | March 2018

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12

  • Sl. No Project Name

Segment Total Leasable Area Economic Interest Area Leased Prestige Share Rent P.A 1 Prestige Estates Projects Limited Commercial 1.90 1.90 1.90 866 2 West Palm Developers Pvt Ltd Commercial 0.32 0.19 0.19 82 3 Prestige Valley View Estates Pvt Ltd Commercial 0.03 0.019 0.019 14 4 Exora Business Park - Phase I-III Commercial 2.14 2.14 2.14 1,640 5 ICBI India Pvt Ltd Commercial 0.06 0.05 0.05 48 6 Cessna (B1 to B8) Commercial 2.73 2.35 2.35 1,325 7 Prestige Polygon Commercial 0.33 0.33 0.33 320 8 Forum Vijaya- Commercial Commercial 0.19 0.10 0.10 50 9 SKN Commercial Commercial 0.28 0.28 0.28 149 10 Prestige Trade Tower Commercial 0.50 0.17 0.17 283 11 Forum Mall Retail 0.35 0.28 0.28 439 12 UB City Retail Retail 0.10 0.04 0.04 169 13 The Forum Neighbourhood Mall Retail 0.29 0.15 0.15 131 14 Forum Vijaya- Retail Retail 0.64 0.32 0.32 343 15 Forum Mall Sujana Hyderabad Retail 0.81 0.20 0.20 227 16 Forum Mall Mangalore Retail 0.66 0.23 0.23 81 16 Forum Mall Mysore Retail 0.32 0.16 0.16 87 Total annualised rentals 11.64 8.90 8.90 6,255

₹ 8,291 Mn Mn EXIT RENTALS PROJECTION

Area In Mn sft Value in Rs Mn

PRESTIGE GROUP | Presentation | March 2018

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13

₹ 2,0 ,036 Mn Mn INCREMENTAL RENTALS IN FY19

SLN Project Name Segment Total Area available for lease Economic Interest Leasable Area (PG Share) Rent P.A 1 Cessna Business Park B9 &B11 Commercial 0.99 0.84 0.84 726 2 Celebration Mall Retail 0.40 0.40 0.40 120 3 The Forum Neighbourhood Mall Retail 0.29 0.15 0.15 131 4 Forum Mall Sujana Hyderabad Retail 0.81 0.20 0.20 215 5 Forum Mall Mangalore Retail 0.66 0.23 0.23 88 6 Prestige Saleh Ahmed Commercial 0.08 0.04 0.04 59 7 TMS Square - Cochin Commercial 0.12 0.07 0.07 51 8 Prestige Logistic Centre, Malur Commercial 0.38 0.38 0.38 92 9 Prestige Central Street Commercial 0.13 0.07 0.07 106 10 Forum Mall Shantiniketan Retail 0.64 0.41 0.41 344 11 Prestige Cube Retail 0.06 0.03 0.03 32 12 TMS Square Retail 0.09 0.05 0.05 38 13 Prestige Mysore Central Retail 0.08 0.05 0.05 36 Incremental rentals in FY19 4.74 2.92 2.92 2036 Total annualised rentals by March 2019 8,291

Area In Mn sft Value in Rs Mn

PRESTIGE GROUP | Presentation | March 2018

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SLIDE 14

14

SEGMENT GEOGRAPHY

Segment

  • No. of Projects

Developable Area (Mnsf) Residential 41 50.25 Commercial 9 7.17 Retail 6 3.73 Hospitality 1 0.93 Total 57 62.08 City

  • No. of Projects

Developable Area (Mnsf) Bengaluru 46 53.79 Chennai 2 1.43 Cochin 4 2.89 Hyderabad 2 2.52 Mysuru 1 0.11 Mangaluru 1 0.96 Ahmedabad 1 0.38 Total 57 62.08

PRODUCT MIX ONGOING PROJECTS

(Detail annexed)

81% 12% 6% 1%

Residential Commercial Retail Hospitality

87% 2% 5% 4% 2%

Bengaluru Chennai Cochin Hyderabad Mysuru Mangaluru

PRESTIGE GROUP | Presentation | March 2018

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15

SEGMENT GEOGRAPHY

Segment

  • No. of Projects

Developable Area (Mnsf) Residential 19 28.95 Commercial 10 13.01 Retail 2 1.64 Total 31 43.60 City

  • No. of Projects

Developable Area (Mnsf) Bengaluru 17 29.21 Chennai 4 5.41 Mangaluru 3 0.77 Hyderabad 2 4.33 Ooty 1 0.07 Pune 1 1.17 Cochin 3 2.64 Total 31 43.60

PRODUCT MIX UPCOMING PROJECTS

(Detail annexed)

PRESTIGE GROUP | Presentation | March 2018

66% 30% 4% Residential Commercial Retail 67% 12% 2% 10% 3% 6% Bengaluru Chennai Mangaluru Hyderabad Ooty Pune Cochin

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SLIDE 16
  • Sl. No

Entity Name Location Land Area (Acres) Economic Interest PEPL Share (Acres)

1 Prestige Bidadi Holdings Pvt Ltd Bidadi 143 100% 143 2 Prestige Projects Pvt Ltd Sarjapur/Bengaluru 182 100% 182 3 Prestige Estates Projects Ltd Bengaluru 2 100% 2 4 Village D Nandi Pvt Ltd Bengaluru 23 100% 23 5 Eden Investments Goa 74 78% 57 6 Prestige Beta Bengaluru 58 80% 46 Total 484 455

16

Potential Developable area of 47 mn sft (Prestige Share 45 Mn sqft)

LAND BANK DETAILS

PRESTIGE GROUP | Presentation | March 2018

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SLIDE 17

Particulars Area In Mn Sft Value in ₹ Mn % Total Developable Area 72.25 Car Park Area 17.74 Total Saleable Area 54.51 PG area share 40.68 Estimated Value 2,58,255 Sold 30.61 1,86,018 75% Collections 1,51,589 Balance to collect 36,035 Stock 10.06 72,238 25% Recovery from Land Owner 1,255 Refundable Deposit 5,619 Free Cash flow to spend- A 1,15,147 Cost of Development 1,74,587 Incurred as of Q4F18 1,26,558 Balance to incur – B 48,029 Net Cash flow (A-B) 67,118

₹67,118 Mn Mn Cash flow Projections

From Ongoing Residential Projects

17 PRESTIGE GROUP | Presentation | March 2018

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SLIDE 18

FINANCIAL UPDATE

Q4FY18 & FY18 CONSOLIDATED

18

Areas in Million Sqft Values in Million ₹

Category Area Value

Premium & Luxury Projects 2.02 21,325 Mid Income Projects 6.41 38,721 Commercial Projects 0.37 2,379 Completed Projects 1.27 9,813

TOTAL 10.06 72,238

PRESTIGE GROUP | Presentation | March 2018

STOCK BREAKUP

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SLIDE 19

Particulars Area In Mn Sft Value in Mn

Total Developable Area 29.23 Car Park Area 8.39 Total Saleable Area 20.84 PG area share 14.02 Estimated Value 83,382 Cost of Development 59,478 Incurred 1,838 RD paid 1158 Net Cash flow (A-B) 25,062

₹25,062 Mn Mn Cash flow Projections

From Upcoming Residential Projects

19 PRESTIGE GROUP | Presentation | March 2018

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20

Area in Mn sft Values in Rs Mn OPERATING ONGOING UPCOMING TOTAL GLA 8.57 4.13 9.10 21.80 Economic Interest 7.58 2.94 7.50 18.01 Rentals Pa ₹ 5,680 3,545 6,979 16,204 Economic Interest ₹ 4,856 2,434 5,462 12,752

OFFICE PORTFOLIO POTENTIAL 22 Mn Sft

GLA, Annuity income portfolio in the near term

PRESTIGE GROUP | Presentation | March 2018

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SLIDE 21

Area in Mn sft Values in Rs Mn OPERATING ONGOING UPCOMING TOTAL GLA 3.23 2.50 1.35 7.08 Economic Interest 1.41 1.22 0.74 3.36 Rentals Pa ₹ 3,281 3,064 1,273 7,617 Economic Interest ₹ 1,524 1,403 691 3,618

RETAIL PORTFOLIO POTENTIAL 7 Mn Sft

GLA, Annuity income portfolio in the near term

21 PRESTIGE GROUP | Presentation | March 2018

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SLIDE 22

HOSPITALITY PORTFOLIO POTENTIAL 1559 Keys

in the near term

Area in Mn sft Values in Rs Mn OPERATING UNDER CONSTRUCTION TOTAL Total Keys 1,262 297 1,559 Economic Interest 1127 297 1424 Total Revenue Pa ₹ 3191 455 3646 Economic Interest ₹ 2663 455 3118

22 PRESTIGE GROUP | Presentation | March 2018

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SLIDE 23

23 Value in ₹ Million Volume in Mnsqft

Particulars Target for Full Year Achieved % Achieved

New Sales Value 35,000 33,137 95% Turnover 45000-50000 55,665 124% Collections 42,500 42,684 100% Launch Volume 10 7.07 71% Completions 12 7.96 66% Leasing Volume 2.50 1.38 55% Exit Rental Income 6,750-7,000 6,255 93% Debt Equity Ratio Consolidated 1.15 1.30 Standalone 0.56 0.64

FY18 GUIDANCE

PRESTIGE GROUP | Presentation | March 2018

FY17 Achieved % Change

24584.54 35% 48617 14% 41232 4% 1.977 258% 12.74

  • 38%

1.261876 9% 5717.158 9% 1.11 0.52

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24

Particulars Target for Full Year

New Sales Value 35,000-40,000 Turnover 35,000-40,000 Collections 37,500-40,000 Launch Volume 10 Completions 10 -12 Leasing Volume 2 Exit Rental Income 8,000-8,250 Debt Equity Ratio Consolidated 1.30 Standalone 0.64

FY19 GUIDANCE

PRESTIGE GROUP | Presentation | March 2018 Value in ₹ Million Volume in Mnsqft

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SLIDE 25

RESIDENTIAL Apartments Villas Integrated Townships Plotted Developments COMMERCIAL Office Space Built To Suit Campuses SEZs IT Parks RETAIL & LOGISTICS Malls Logistics Food Court HOSPITALITY Resorts Serviced Apartments Hotels Convention center SERVICES Sub Leasing & Fit Out Services Interior Design & Execution Facilities & Property Mgmt Project & Construction Mgmt Services

DIVERSIFIED BUSINESS MODEL

Across Geographies And Price Points

25

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SLIDE 26

PRESTIGE GROUP | Presentation | March 2018

FINANCIAL UPDATE

Q4FY18 & FY18 CONSOLIDATED

26

PARTICULARS Residential Commercial Retail Hospitality Plotted Development Total Nos. Area Nos. Area Nos. Area Nos. Area Nos. Area Nos. Area

Completed Projects 90 39.82 100 29.15 7 5.39 8 2.51 8 7.42

213 84.28

Ongoing Projects 41 50.25 9 7.17 6 3.73 1 0.93 0.00

57 62.08

Upcoming Projects 19 28.95 10 13.01 2 1.64 0.00 0.00

31 43.60

Land Bank/Deal pipeline*

47.41

TOTAL 150 119 119 49 15 11 9 3 8 7

301 237

DELIVERED 213 PROJECTS

Across Geographies, Segments and Price Points SINCE INCEPTION

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SLIDE 27

FINANCIAL UPDATE

Q4FY18 & FY18 CONSOLIDATED

PRESTIGE GROUP | Presentation | March 2018

Prestige is the only developer in the Country with the highest rating of CRISIL DA1 Rating, from CRISIL

“Developer's ability to execute real estate projects as per the specified quality level and within the stipulated time schedule, and ability to transfer clean title is excellent.”

DEVELOPER RATING

HIGHEST ON SCALE

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SLIDE 28

…and many more

PRESTIGE GROUP | Presentation | March 2018

FINANCIAL UPDATE

Q4FY18 & FY18 CONSOLIDATED

200+ AWARDS TOP INDIAN REAL ESTATE COMPANY CERTIFICATE OF EXCELLENCE MOST ADMIRED SHOPPING CENTER BUILDER OF THE YEAR DEVELOPER OF THE YEAR ADMIRED BRAND OF ASIA MOST PROMISING BRAND AWARDS & RECOGNITIONS

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SLIDE 29

PRESTIGE GROUP | Presentation | March 2018

PRESTIGE GROUP | Presentation | March 2017

FINANCIAL UPDATE

Q4FY18 & FY18 CONSOLIDATED

29

Promoters 70% FIIs 27% DIIs 2% Retail 1%

S H A R E H O L D I N G

SHAREHOLDING PATTERN

As of 31st March, 2018

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SLIDE 30

Irfan Razack

Chairman & Managing Director

Rezwan Razack

Joint Managing Director

Noaman Razack

Wholetime Director

Uzma Irfan

Director

Jagdeesh K. Reddy

Independent Director

B.G. Koshy

Independent Director

Noor Ahmed Jaffer

Independent Director

  • Dr. Pangal Ranganath

Nayak

Independent Director

BOARD OF DIRECTORS

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SLIDE 31

31

Faiz Rezwan

Executive Director- Contracts & Projects

Zackria Hashim

Executive Director- Land Acquisition

Zaid Sadiq

Executive Director- Liasion & Hospitality

Anjum Jung

Executive Director- Interior Design

Nayeem Noor

Executive Director- Government Relations

Omer Bin Jung

Executive Director- Hospitality

Zayd Noaman

Executive Director- CMD’s OFFICE

Venkat K Narayan

Chief Executive Officer

EXECUTIVE MANAGEMENT

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SLIDE 32

32

Suresh Singaravelu

Executive Director- Retail, Hospitality

Swaroop Anish

Executive Director- Business Development

Arvind Pai

Executive Director- Legal

  • Lt. Col. Milan Khurana (Retd.)

Executive Director – HR, IT & Admin

  • V. Gopal

Executive Director- Projects & Planning

V.V.B.S. Sarma Chief Financial Officer

EXECUTIVE MANAGEMENT

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SLIDE 33

PRESTIGE GROUP | Presentation | March 2018 33

Prestige Golfshire, Shot at site

ANNEXURE

PRESTIGE GROUP | Presentation | March 2018

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SLIDE 34

FINANCIAL UPDATE

Q4FY18 & FY18 CONSOLIDATED

34

Sl.No Project City Developable Area (Mnsf) Economic Interest Prestige Share (Mnsf) 1 Prestige Golfshire Bengaluru 1.82 100.00% 1.82 2 Prestige White Meadows -T3/T4 Bengaluru 1.04 100.00% 1.04 3 Kingfisher Towers Bengaluru 1.15 45.51% 0.52 4 Prestige Hillside Retreat Bengaluru 0.12 100.00% 0.12 5 Prestige Spencer Heights Bengaluru 0.11 100.00% 0.11 6 Prestige Royale Garden - Phase I & II Bengaluru 3.15 68.50% 2.16 7 Prestige Sunrise Park - Phase I Bengaluru 1.69 99.00% 1.67 8 Prestige West Woods Bengaluru 1.34 60.00% 0.80 9 Prestige Augusta Golf Village Bengaluru 1.38 67.00% 0.92 10 Prestige Sunrise Park - Phase II Bengaluru 1.58 99.00% 1.56 11 Prestige Silver Spring Chennai 0.53 27.54% 0.15 12 Prestige Ivy Terraces Bengaluru 0.64 62.00% 0.40 13 Prestige Lakeside Habitat- Phase I & II Bengaluru 5.60 69.30% 3.88 14 Prestige Falcon City Phase I Bengaluru 4.98 42.84% 2.13 15 Prestige Bagmane Temple Bells Bengaluru 1.73 70.00% 1.21 16 Prestige Gulmohar Bengaluru 0.84 51.00% 0.43 17 Prestige Leela Residences Bengaluru 0.53 60.00% 0.32 18 Prestige Ivy League Hyderabad 0.97 60.00% 0.58 19 Prestige High Fields_Phase I Hyderabad 1.55 68.34% 1.06 20 Prestige North Point Bengaluru 0.40 51.00% 0.21 21 Prestige Pine Wood Bengaluru 0.62 44.00% 0.27

ONGOING PROJECTS

RESIDENTIAL

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SLIDE 35

FINANCIAL UPDATE

Q4FY18 & FY18 CONSOLIDATED

35

Sl.No Project City Developable Area (Mnsf) Economic Interest Prestige Share (Mnsf) 22 Prestige Woodland Park Bengaluru 0.38 50.00% 0.19 23 Prestige Woodside Bengaluru 0.41 30.60% 0.13 24 Prestige MSR Bengaluru 0.09 45.00% 0.04 25 Prestige Bougainvillea Platinum Bengaluru 0.13 60.00% 0.08 26 Prestige Falcon City Phase II Bengaluru 1.52 35.70% 0.54 27 Prestige Déjà vu Bengaluru 0.15 48.00% 0.07 28 Prestige Kenilworth Bengaluru 0.20 40.00% 0.08 29 Prestige Song of the South Bengaluru 2.28 69.04% 1.57 30 Prestige Hillside Gateway Cochin 1.55 72.00% 1.12 31 Prestige Kew Gardens Bengaluru 1.71 60% 1.03 32 Prestige Fairfield Bengaluru 0.54 27.03% 0.15 33 Prestige Boulevard Bengaluru 0.24 100% 0.24 34 Prestige Misty Waters (Phase 2) Bengaluru 0.26 51.00% 0.13 35 Prestige Lake ridge Bengaluru 1.02 66.70% 0.68 36 Prestige Valley Crest Mangaluru 0.96 70.00% 0.67 37 Prestige Park Square Bengaluru 1.19 42.00% 0.50 38 Prestige Dolce Vita Bengaluru 0.16 60.00% 0.10 39 Prestige Courtyards Chennai 0.90 70.00% 0.63 40 Prestige Jindal City Bengaluru 4.65 37.23% 1.73 41 Prestige Fontaine Bleau Bengaluru 0.12 60.00% 0.07 Total - A 50.25 31.11

ONGOING PROJECTS

RESIDENTIAL

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SLIDE 36

FINANCIAL UPDATE

Q4FY18 & FY18 CONSOLIDATED

36

Office Retail

  • Sl. No

Project CityDevelopable Area (Mnsf) Economic Interest Prestige Share (Mnsf) 1 Cessna Business Park B9- B11 Bengaluru 2.06 85.00% 1.75 2 Prestige TMS Square Cochin 0.16 58.00% 0.09 3 Prestige Falcon Towers Bengaluru 0.51 45.00% 0.23 4 Prestige Saleh Ahmed Bengaluru 0.10 50.00% 0.05 5 Prestige Technostar Bengaluru 1.67 80.00% 1.34 6 Prestige Central Bengaluru 0.19 55.00% 0.10 7 Prestige Logistics Centre, Malur Bengaluru 0.38 100.00% 0.38 8 Gift City (Ahmedabad) Ahmedabad 0.38 100.00% 0.38 9 Prestige Star Tech Bengaluru 1.73 51.00% 0.88 Total - B 7.17 5.20

  • Sl. No

Project CityDevelopable Area (Mnsf) Economic Interest Prestige Share (Mnsf) 1 Forum Shantiniketan Bengaluru 1.08 64.00% 0.69 2 Prestige Mysuru Central Mysuru 0.11 65.00% 0.07 3 Prestige TMS Square Cochin 0.12 58.00% 0.07 4 Forum Thomsun Cochin 1.06 25.00% 0.26 5 Prestige Cube Bengaluru 0.09 100.00% 0.09 6 Falcon City Forum Mall Bengaluru 1.27 35.70% 0.45 Total - C 3.73 1.63

  • Sl. No

Project CityDevelopable Area (Mnsf) Economic Interest Prestige Share (Mnsf) 1 Marriott Hotel & Convention Centre Bengaluru 0.93 100.00% 0.93 Total - D 0.93 0.93 GRAND TOTAL 62.08 38.87

HOSPITALITY ONGOING PROJECTS

PRESTIGE GROUP | Presentation | March 2018

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SLIDE 37

FINANCIAL UPDATE

Q4FY18 & FY18 CONSOLIDATED

37

Sl.No Project City Developable Area (Mnsf) Economic Interest Prestige Share (Mnsf) 1 Prestige Greenmoor Bengaluru 0.67 25.00% 0.17 2 Prestige Hillcrest Ooty 0.07 50.00% 0.04 3 Prestige Lakeside Habitat Phase III Bengaluru 3.29 69.30% 2.28 4 Prestige Primerose Hills Bengaluru 2.02 62.00% 1.25 5 Roshanara Property Bengaluru 0.22 100.00% 0.22 6 Mangaluru Villas Mangaluru 0.14 68.00% 0.09 7 Prestige Lake ridge Bengaluru 1.02 66.70% 0.68 8 Prestige Verdant Vistas Mangaluru 0.29 70.00% 0.20 9 Prestige High Fields Phase II Hyderabad 4.26 68.34% 2.91 10 Song of the South Ph II Bengaluru 2.28 69.04% 1.57 11 Prestige Botanique Bengaluru 0.14 55.00% 0.08 12 Prestige Palm Residences Mangaluru 0.34 75.00% 0.26 13 Prestige Green Gables Bengaluru 2.02 60.00% 1.21 14 Prestige Elysian, Bannerghatta Road Bengaluru 1.09 30.60% 0.33 15 Prestige Falcon City- Phase II Bengaluru 1.59 35.70% 0.57 16 Prestige Highline, Chennai (Pallavaram) Chennai 3.79 78.00% 2.96 17 Prestige Cityscapes & Panorama Cochin 0.60 25.00% 0.15 18 Prestige Willow Tree Bengaluru 0.97 100.00% 0.97 19 Prestige Finsberry Park Bengaluru 4.17 60.00% 2.50 Total - A 28.95 18.44

UPCOMING PROJECTS

RESIDENTIAL

PRESTIGE GROUP | Presentation | March 2018

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SLIDE 38

FINANCIAL UPDATE

Q4FY18 & FY18 CONSOLIDATED

38

Office Retail

  • Sl. No

Project City Developable Area (Mnsf) Economic Interest Prestige Share (Mnsf) 1 Prestige Tech Cloud Bengaluru 4.48 86.00% 3.86 2 Prestige Tech Park IV Bengaluru 1.55 90.00% 1.40 3 Prestige Tech Pacific Park Bengaluru 1.65 62.95% 1.04 4 Prestige Metropolitan Chennai 0.38 45.00% 0.17 5 Prestige Alpha Tech Pune 1.17 66.75% 0.78 6 Cyber Green (Kochi Smart City) Cochin 1.52 100.00% 1.52 7 Prestige Retreat Bengaluru 1.48 100.00% 1.48 8 Prestige Cosmopolitan Chennai 0.12 100.000% 0.12 9 Prestige Phoenix Hyderabad 0.07 50.000% 0.03 10 Prestige Minsk Square Bengaluru 0.58 55.000% 0.32 Total - B 13.01 10.72

  • Sl. No

Project City Developable Area (Mnsf) Economic Interest Prestige Share (Mnsf) 1 Prestige Hillside Gateway (Kakanad) Cochin 0.52 72.00% 0.37 2 The Forum OMR Chennai 1.12 47.60% 0.53 Total - C 1.64 0.90 GRAND TOTAL - A+B+C 43.60 30.06

UPCOMING PROJECTS

PRESTIGE GROUP | Presentation | March 2018

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SLIDE 39

39

Sl. No. Particulars Year Ended Quarter ended 31-Mar-18 % 31-Mar-17 % 31-Mar-18 % 31-Dec-17 %31-Mar-17 % 1 Sale of Projects & Property Income 54,986 47,745 18,486 12,723 14,438 2 Other Income 679 872 130 179 195 3 Total Income 55,665 48,617 18,616 12,902 14,633 4 Cost of project sold and property expenses 38,582 33,541 13,634 9,023 10,425 5 Gross Margin 16,404 30% 14,204 30% 4,852 26% 3,700 29% 4,013 28% 6 Admin, Employee and Selling cost 5,464 5,006 1,510 1,157 1,297 7 EBIDTA 11,619 21% 10,070 21% 3,472 19% 2,722 21% 2,911 20% 8 Financial Expenses 3,827 3,160 1,266 867 870 9 Depreciation 1,547 1,637 387 405 390 10 Total Expenses 49,420 43,344 16,797 11,452 12,982

FINANCIAL UPDATE

Q4FY18 & FY18 CONSOLIDATED

PRESTIGE GROUP | Presentation | March 2018

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Sl. No. Particulars Year Ended Quarter ended 31-Mar-18 %31-Mar-17 %31-Mar-18 %31-Dec-17 %31-Mar-17 % 11 PBT 6,245 11% 5,273 11% 1,819 10% 1,450 11% 1,651 11% 12 Tax 2,132 1,658 687 468 554 13 PAT 4,113 7% 3,615 7% 1,132 6% 982 8% 1,097 7% 14 Share of profit / (loss) from associates 136 121 24 10 25 15 Minority (533) (1,086) (85) (98) (241) 16 Other Comprehensive Income 6 (10) 2 3 10 17 Profit after tax 3,722 2,640 1,073 897 891 18 EPS (Annualized) (In Rs) 9.93 7.04 11.45 9.57 9.50 19 Market Price per share 291.80 218.10 291.80 319.80 218.10 20 PE Ratio 29 31 25 33 23 21 Market Cap 1,09,425 81,788 1,09,425 1,19,925 81,788

FINANCIAL UPDATE

Q4FY18 & FY18 CONSOLIDATED

PRESTIGE GROUP | Presentation | March 2018

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FINANCIAL UPDATE

Q4FY18 & FY18 STANDALONE

Year ended Quarter ended Particulars 31-Mar-18 31-Mar-17 31-Mar-18 31-Dec-17 31-Mar-17 (I) Revenue from Operations 29,925 21,764 9,970 7,690 5,590 (II) Other Income 1,113 1,245 427 238 288 (III) Total Revenue - (I+II) 31,038 23,009 10,397 7,928 5,878 (IV) Expenses Cost of sales on projects 20,120 12,069 7,332 5,306 3,303 Property and Facilities operating expenses 2,634 2,417 789 637 613 Employee benefits expense 1,557 1,615 490 326 424 Finance costs 2,148 1,913 706 523 575 Depreciation and amortization expense 558 698 145 155 162 Other expenses 1,465 1,215 281 374 364 Total Expenses 28,482 19,927 9,743 7,321 5,441 (V) Profit before tax (III-IV) 2,556 3,082 654 607 437 (VI) Tax expense 236 (187) 82 (2) (45) (VII) Profit (Loss) for the period 2,320 3,269 572 609 482 (VIII) Other Comprehensive loss/(Income) 1 (3) 4 (3) 3 (IX) Total Comprehensive Income (VII-VIII) 2,321 3,266 576 606 485 (X) Exceptional items

  • 2,634
  • 2,634

(IX) Total Comprehensive Income after exceptional items 2,321 5,900 576 606 3,119

PRESTIGE GROUP | Presentation | March 2018

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FINANCIAL UPDATE

Q4FY18 & FY18 STANDALONE

  • Sl. No.

Particulars Quarter ended 31-Mar-18 % 31-Dec-17 %

1 Sale of Projects & Property Income 9,970 7,690 2 Other Income 427 238 3 Total Income 10,397 7,928 4 Cost of project sold and property expenses 8,121 5,943 5 Gross Margin 1,849 19% 1,747 23% 6 Admin, Employee and Selling cost 771 700 7 EBIDTA 1,505 14% 1,285 16% 8 Financial Expenses 706 523 9 Depreciation 145 155 10 Total Expenses 9,743 7,321 11 PBT 654 6% 607 8% 12 Tax 82 (2) 13 PAT 572 6% 609 8% 14 Other Comprehensive loss/(Income) 4 (3) 15 Total Comprehensive Income 576 6% 606 8% 16 Exceptional items

  • 17

Profit after tax 576 606 16 EPS (Annualized) (In Rs) 6.14 6.46 17 Market Price per share 291.80 319.80 18 PE Ratio 47 49 19 Market Cap 1,09,425 1,19,925 20 Net Worth 49,152 47,372 21 Book Value per share 131 126 20 Price to Book Value 2.23 2.53

PRESTIGE GROUP | Presentation | March 2018

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This presentation has been prepared by Prestige Estates Projects Limited (“Company”) solely for providing information about the Company. It contains certain forward looking statements concerning Prestige Estates Projects Ltd’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties, regarding fluctuations in earnings, our ability to manage growth, competition, economic growth in India, ability to attract and retain highly skilled professionals, time and cost over runs on contracts, government policies and actions with respect to investments, fiscal deficits, regulation etc., interest and other fiscal cost generally prevailing in the economy. The company does not undertake to make any announcement in case any of these forward looking statements become materially incorrect in future or update any forward looking statements made from time to time on behalf of the company.

D I S C L A I M E R

PRESTIGE GROUP | Presentation | March 2018

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Registered Office- Prestige Estates Projects Limited, The Falcon House, No. 1, Main Guard Cross Road, Bangalore –560 001, T: +91 -80 –25591080, F: + 91 –80 -25591945, Website: www.prestigeconstructions.com

T H A N K Y O U

Dilip Kumar Investor Relations - CEO’s Office T: +91 -80 –25001280 E: investors@prestigeconstructions.com